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AI# 11376
Regular City Council Meeting
6.16.
03/07/2023:
Information
Agenda Item
Ordinance 2nd Reading - Right-of-Way:
Consider Ordinance No. 2023-O0017, abandoning and closing a portion of street right-of-way (Troy Avenue) located between Lots 43 through 49, Section 16, Block E-2, The Falls at Suncrest Addition to the City of Lubbock, Lubbock County, Texas.
Item Summary
On February 28, 2023, the City Council approved the first reading of the ordinance.
The City of Lubbock is in receipt of a request to abandon and close a portion of Troy Avenue, located between Lots 43 through 49, The Falls at Suncrest Addition.
The total area of the street right-of-way being closed is 23,958 square feet. The Right-of-Way Department valued the closure at $3.22 per square foot for $77,144.76. A 50% discount was included for necessary easements for a revised total of $38,572.38, based on adjacent land values. LWA, LLC desires to close the street right-of-way and convert it into a private road or private drive which will be gated for security and privacy purposes. Easements will be maintained for existing utilities and provisions will be made for police and fire access as needed.
All City departments and franchise utility companies are in agreement with the closure.
Fiscal Impact
$38,572.38 Revenue will be added to the General Fund.
Staff/Board Recommending
Erik Rejino, Assistant City Manager
Michael G. Keenum, P.E., Division Director of Engineering/City Engineer
Attachments
Ordinance - Portion of Troy Ave Closure
Map - Lots 43-49, The Falls at Suncrest Addition
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